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Addison 05491
204 Potash Bay Road
Listed by: Bonnie Gridley, RE/MAX North Professionals, Middlebury, Selling Office: RE/MAX North Professionals, Middlebury, Listing Courtesy of Prime MLS
$238,000
● House - Off Market

204 Potash Bay Road

Addison, VT 05491
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,611 Ft²
$385,428
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

Charming seasonal Lake Champlain camp! Imagine yourself opening up camp and kicking back, relaxing and enjoying upcoming summers and lakefront activities! Located elevated from the shale beach, the views to the West and sunsets are beautiful. The living area extends to the lake with both a spacious deck with seating and enclosed glassed/screened in sleeping porch for those hot August nights. Large living room and eat-in-kitchen open to the family room and 3/4 bath, great for rainy Fall days or entertaining. Upstairs are 3 bedrooms and a 1/2 bath for sleepovers. Plenty of closets and shed for storage. Just relax and enjoy yourself!
Unit Size
1,611 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$171
Property Type
House
Property Taxes
$466
HOA Dues
-
Year Built
1920

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Prime MLS #4751482)

Price History

Date / Event Date Event Price
Jun 26, 2020 Sold
Premium
Sold
May 10, 2019 Listed by RE/MAX North Professionals, Middlebury $274,900
Listed by RE/MAX North Professionals, Middlebury

Property Highlights

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 26
  • Exterior Walls Type: 29
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 1,531
  • Building Area: 1,531
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 14
  • Heated Square Feet: 1,531
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000210
  • Standard Land Use Code: 1012
  • County Land Use Code: S1
  • Legal Description 1: CAMP & LAND

Neighborhood

  • School District Name: Addison Central Supervisory Union
  • Census Tract: 960400

Geography

  • Parcel: (001) PB0204
  • Municipality: ADDISON
  • Latitude: 44.0913
  • Longitude: -73.3953

    Address

  • Full Address: 204 Potash Bay
  • Address - House Number: 204
  • Address - Street Name: Potash Bay
  • State: VT
  • City Name: Vergennes
  • Carrier Code: R003
  • 4-Digit Zip Code: 9134
  • Zip Code: 05491

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $589,300
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 62
  • Final Value: 365,693
  • High Value: 433,961
  • Low Value: 297,424

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $277,300
  • Assessed Land Value: $169,700
  • Assessed Improvements Value: $107,600

    Sales

  • Current Sale Contract Date: Jun 26, 2020
  • Current Sale Recording Date: Jun 29, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK1478729600
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Addison

Stats & Trends

Median Asking:

$470,000

Sale Price/ft²

$193

Below Asking

0.02%

Average Days on Market

67

Average Home Size

3232 ft²

Average Home Age

71.8 years

Currently For Sale

105 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Prime

Listed by: Bonnie Gridley, RE/MAX North Professionals, Middlebury
Last Updated Date: 2020-06-30
Last Checked: 7 hours ago
Data Source: Prime MLS, MLS# 4751482
Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 204 Potash Bay built and last sold?
The property at 204 Potash Bay was built in 1920 and last sold on Jun 26, 2020 for $238,000.
How much is this home worth?
The estimated value of the home located at 204 Potash Bay is $279,711.
What are some comparable homes to 204 Potash Bay?
There are currently no comparable homes to 204 Potash Bay.
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